Strength in the Brazilian Real Lifts Sugar Prices
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May NY world sugar #11 (SBK25 ) today is up +0.49 (+2.60%), and May London ICE white sugar #5 (SWK25 ) is up +11.60 (+2.17%). Sugar prices today are moderately higher as short-covering emerged in sugar futures after the Brazilian real (^USDBRL ) rose to a 1-week high against the…
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